[Football] Middlesbrough taking legal action against Derby - FFP

[Paris]

https://www.telegraph.co.uk/footbal...rough-sue-derby-alleged-breaches-offinancial/

Gibson's Middlesbrough missed out on the final Play Off place to Derby by a solitary point a few weeks ago. They're now looking to sue the Rams for a breach of FFP rules, announcing this a couple of days before the Play Off final.

Mel Morris apparently sold the clubs facilities and then has been renting them back to the club. Interesting to see if this action will have any legs or just posturing from Gibson, as he and Morris clearly don't like each other. Sheffield Wednesday also mentioned.

 

[Coldeanseagull]

Isn't gibson another word for the thing that opens a door?

 

[Blue Valkyrie]

Doesn't seem to have much legal merit, but we'll see.

 

[macbeth]

UPDATE: The Oxford English Dictionary has now added Gibson's picture next to the phrase 'Sour Grapes'

 

[Icy Gull]

Guess they know what it’s like to just miss out now, maybe their fans won’t be such absolute ****s next time the situation is reversed


Now what’s that lovely German word?

 

[TSB]

Have they "smashed" the Championship, yet?

 

[Bwian]

Guess they know what it’s like to just miss out now, maybe their fans won’t be such absolute ****s next time the situation is reversed


Now what’s that lovely German word? [emoji38]ol:

I'm hoping it is a long while before the situation is reversed.

Sent from my LYA-L09 using Tapatalk

 

[FatSuperman]

Isn't gibson another word for the thing that opens a door?

I’ve always called that a ‘hand’

 

[Coldeanseagull]

I’ve always called that a ‘hand’

Good one

 

[Harry Wilson's tackle]

Guess they know what it’s like to just miss out now, maybe their fans won’t be such absolute ****s next time the situation is reversed


Now what’s that lovely German word?

Wassersport?

 

[Icy Gull]

Wassersport?

Nope but if we’re going down that route

Hahn Käse

 

[nwgull]

There does seem to be an inconsistency in the FFP rules regarding selling the stadium. A club can spend hundreds of millions on their stadium and training facilities, and this is exempt from the FFP calcs. And this is one of the reasons why BHA didn’t fall foul of FFP rules, despite accounts submitted to companies house indicating that we’d overspent. However, selling the stadium seems to count as income as far as FFP is concerned. What’s to stop a chairman selling the ground to himself one year and then the club buying it back the next?

 

[el punal]

Isn't gibson another word for the thing that opens a door?

A handle? A latch, maybe? A doorman, perhaps, if you are privileged. There again I’ve never tried opening a door with my knob, far too painful.

 

[andy1980]

There does seem to be an inconsistency in the FFP rules regarding selling the stadium. A club can spend hundreds of millions on their stadium and training facilities, and this is exempt from the FFP calcs. And this is one of the reasons why BHA didn’t fall foul of FFP rules, despite accounts submitted to companies house indicating that we’d overspent. However, selling the stadium seems to count as income as far as FFP is concerned. What’s to stop a chairman selling the ground to himself one year and then the club buying it back the next?

Isn't that what the owner of Derby did?

 

[nwgull]

Isn't that what the owner of Derby did?

That seems to be exactly what he’s done. What I’m suggesting is that Derby County FC could buy it back off of him next year, and that cost won’t count against their FFP calcs. Rinse and repeat.

 

[andy1980]

That seems to be exactly what he’s done. What I’m suggesting is that Derby County FC could buy it back off of him next year, and that cost won’t count against their FFP calcs. Rinse and repeat.

If that is right then that is a loophole that needs closing, thats for sure.

 

[Triggaaar]

That seems to be exactly what he’s done. What I’m suggesting is that Derby County FC could buy it back off of him next year, and that cost won’t count against their FFP calcs. Rinse and repeat.

You could do it with anything. Sell the porter cabin for £1m, buy it back the next day for £1, then sell it again for £1m. Obviously a complete farce and cheating. It's up to the governing body to make it impossible for things like that to count in FFP terms.

 

[El Presidente]

A full review of the Derby accounts on the website owned by [MENTION=6886]Bozza[/MENTION] suggests they’d have had a 10-11 point deduction without the sale and leaseback.

http://priceoffootball.com/derby-county-2017-18-say-youll-be-there/

 

[mikeyjh]

That seems to be exactly what he’s done. What I’m suggesting is that Derby County FC could buy it back off of him next year, and that cost won’t count against their FFP calcs. Rinse and repeat.

It's a good point, shows you how farcical FFP is

 

[Weststander]

El Pres has mentioned the Derby manoeuvre previously.

It is a smoke and mirrors transaction, in the same way that QPR tried to treat a write off of Fernandes loans as ‘income’ in their Profit and Loss Account in an attempt to boost income/profits, to circumvent FFP.